Author Archives: Editorial Staff
Yesterday, Frank X. Shaw, Corporate Vice President, Corporate Communications at Microsoft, has announced that the Redmond-based computing giant will be placing a series of ads in the US press this week, as it seeks to “remind people of the alternatives.” The alternatives he is pointed in the post against the Google’s “one big policy” – merging Google’s all...
Facebook’s S-1 is finally out with a bang, – the company filed for an Initial Public Offering to raise $5 billion in its IPO bid. As part of Facebook Initial filing go public this afternoon (PT) – the social network giant has revealed some interesting new numbers that indicates how big it actually is – with its users’ number, investors’ shareholding percentage,...
In the Facebook recent SEC filing, the company outlined a whopping “risk factors” that could “materially and adversely affect” Facebook. It’s a comprehensive list of every threat the social network currently faces. The company’s $5 billion S-1 IPO filing includes a detailed assessment of business risks. These include – its lack of mobile monetization and...
Facebook’s founder Mark Zuckerberg requested that his base salary be reduced to $1 per year, effective January 1, 2013 – Yes, I do mention $1 – This is the request that Zuckerberg requested during the Facebook’s S-1 filling for its $5 billion IPO. Now if we get back into the past and explore the numbers – his base salary for 2011 was $200,000 and he also received...
The world’s largest social networking giant, Facebook has recently filed its Initial Public Offering filling and as we even earlier reported too in the leaked revenue figures – the social giant’s number hit the mark with the “big numbers”. The company did $3.7 billion in revenues in 2011 with $1 billion in profits. Profits grew 65% last year from previous...
Facebook’s S-1 is finally out with a bang, ending all the speculations running in the market from the past few days and we can now see how much stock company founder Mark Zuckerberg, investors, employees and others own in the company. Facebook has raised a total of $2.4 billion in funding and seeks to raise as much as $5 billion in a public offering. Mark Zuckerberg...
